Haven Life, Fabric among disruptors launching new products at InsureTech Connect
This week’s event in Las Vegas drew around 5,000 attendees, who were able to learn about lots of new products and initiatives being launched by startups.
Brian Anderson
LIMRA adds an InsurTech panel to its annual conference lineup
Acknowledging the ever-increasing impact technology is having on the industry, a roster of innovators will demonstrate solutions making their way into life insurance to solve the needs of consumers.
Annuity proponents praise bill that would make it easier to include annuities in retirement plans
An amendment in The Family Savings Act, HR 6757 passed by the House of Representatives on Sept. 27, would improve access to annuities by removing barriers restricting the types of small business employers permitted to band together to offer a retirement plan.
John Hancock doubles down on Vitality health and wellness platform
In an effort “to incentivize longer, healthier lives,” Boston-based insurer expands program to all new policies sold, and will add the benefits in over time to existing policies.
Life insurance disruptors planning to make news at InsureTech Connect
Ladder, Haven Life and Atidot are among the life insurance companies planning to announce their latest innovations during the third annual InsureTech Connect (ITC) conference in Las Vegas on Oct. 2-3.
Western & Southern reaches $1.55B deal with Nestlé S.A. to acquire Gerber Life
$1.55 billion pending deal brings direct-to-consumer life insurer and renowned brand to Western & Southern’s diversified family of financial services businesses. Current plans call for all 500+ Gerber Life associates to remain in place.
Actuarial Science ranked as ‘most valuable’ college major
The joke’s on fine arts grads, who have the “least valuable” college degree while actuarial science was tops among 162 degrees, according to a new study from Bankrate.
Younger workers, women more likely to be worried about life insurance
And less likely to understand its financial benefits, according to findings of a Life Insurance Awareness Month-themed poll conducted by Unum.
Ohio National exits annuity market, shifts to exclusive focus on life and disability income lines
Under the new plan, effective September 15, the company will no longer accept applications for annuities or new retirement plans, while continuing to service and support existing clients in both businesses. As a result of this decision, the company will reduce its workforce by approximately 300 positions.
Lots of changes on tap for this week’s NAIFA Performance + Purpose event
Plenty of new customization options for education and networking await insurance and financial advisors attending the Sept. 13-16 conference in San Antonio.
